Monthly Archives: November 2012

Man, Economy, and State, 2nd edition, Murray N. Rothbard. Chapter 11 – Money and Its Purchasing Power 5. The Demand for Money B. SPECULATIVE DEMAND One of the most obvious influences on the demand for money is expectation of future changes … Continue reading →

Rothbard and Reisman make good discussion about externalities but I think psychology is also relevant in understanding why “market failure” is not a valid argument. In experimental studies, it appeared that cooperation was higher when the persons can make interaction … Continue reading →

Chile: A Dynamic Water Market By María de la Luz Domper March 2009 INTRODUCTION Thirty years ago, Chile’s water management was not very different from water management in many parts of the developing world today. Management was topdown, there was … Continue reading →

The Cochabamba “Water War”: An Anti-Privatisation Poster Child? By David Bonnardeaux March 2009 INTRODUCTION Back in 2002, when I was a young, wet-behind-the-ears Water Management Masters Student, I was of the mind that privatisation was wrong, or at the very … Continue reading →

This article summarizes the (experimental) studies on working memory training, its near- and far-transfer effect, hence generalizeability to non-trained and less similar tests, the persistence of gain over time, and why such improvement is not expected to happen. The second … Continue reading →